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The New York Times Co., Q1 adjusted earnings Beat Estimates

The New York Times Co., (NYT) announced earnings for its first quarter that increased from the same period last year.

The company's bottom line totaled $21.91 million, or $0.13 per share. This compares with $13.18 million, or $0.08 per share, in last year's first quarter.

Analysts had expected the company to earn $0.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.8% to $413.95 million from $398.80 million last year.

The New York Times Co., earnings at a glance:

-EPS (Q1): $0.17 vs. $0.10 last year.
-Analysts Estimate: $0.15
-Revenue (Q1): $413.95 Mln vs. $398.80 Mln last year.

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